TROY, MI-iCap forecasts a volatile market for the rest of 2003. The company thinks that given interest rates are at or close to 40-year lows, there is more risk rates will rise significantly than fall significantly.

CRANFORD, NJ-Because of its proximity to Manhattan and the way the facility lays out, the firm is positioning as a potential disaster recovery center.

VINTON, VA-Roanoke County prepares to welcome Prairie, MN-headquartered Cardinal Glass Industries, now that the company has chosen to locate a $24 million, 220,000-sf manufacturing facility in the Vinton Business Center.

LONDON-PillarCaisse, the joint venture between Pillar Property and Canadian investor SITQ, has sold the Castle Quay shopping centre in Banbury, Oxfordshire to Scottish Widows for pounds 101.3 million ($170 million).